The bankruptcy court allowed Macrotech Developers to buy V Hotels Ltd., which owns the Tulip Star Hotel, formerly the Centaur Hotel. The property in Mumbai's upmarket Juhu neighbourhood will be bought by Lodha Group business Macrotech Developers for Rs 890 crore.

Mindspace Business Parks REIT leased over 2 million square feet in the quarter ended March 2024, a record. This is the greatest lease volume since its August 2020 IPO, totaling 3.6 million square feet for 2023-24.

Bangalore-based Prestige Estate Projects plans to treble its hotel portfolio with a ₹1700 crore investment in the next 3-4 years. Managing 1,849 keys across India, the business aims to create ₹1,800 crore in income, tripling current sales of ₹900 crore.

Over the last two years, India's real estate business has seen record sales, increasing demand for construction and sales skills. Since competent workers are scarce, consultancy companies and developers are hiring new graduates from business schools.

Dubai's reputation as a favourable global hub for business and financial activities makes it a prime destination for Indian investors. The city's impressive economic growth, coupled with a business-friendly environment featuring minimal taxes, golden visas, and streamlined regulations.

The Indian real estate business is poised for a major change: industry recognition. This decision will boost growth and the sector's economic contribution.

India's elderly population is growing. Household needs are changing due to growth. Mumbai, Bangalore, Pune, and Delhi are focusing on senior-friendly housing. The progress is encouraging, but much more must be done. Despite hurdles, senior care houses will be significant business.

PropShare, India's biggest commercial real estate digital platform, aims to grow its Asset Under Management (AUM) to over Rs 1,000 crore in storage assets. The warehouse market's current growth, reminiscent of the early 2000s office space bubble, prompts the business to buy assets across India.

CapitaLand India Trust (CLINT), a major real estate investor, bought BlueRidge 3 Phase 1 in Pune's IT corridor. This purchase, worth INR 773 crore, in Hinjewadi, the IT centre, shows CLINT's dedication to creating innovative and growing commercial spaces.

Shapoorji Pallonji Real Estate heralds the launch of Sequoia, the crowning glory of Parkwest 2.0, nestled in the heart of Binnypet, Bengaluru. This launch marks a significant milestone, completing the illustrious ~46-acre sanctuary.

Indian real estate is hopeful for major improvements when Finance Minister Nirmala Sitharaman presents Budget 2024. The business anxiously awaiting affordable housing definition extension, industry classification, and tax benefits for homebuyers and developers.

Real estate marketing in India has changed drastically in the digital era. Online real estate platforms, listing websites, and AI-driven sites like Ghar.tv are digitising the Indian real estate business. Ghar.tv's creative strategy is changing online real estate in India.

Dadar, Mumbai's crown gem, is becoming a luxury residential destination. Dadar, a bustling business and residential district, is known for high-end real estate. This expansion is driven by its strong connections, making it a destination for luxury residences.

The core suburb of Dombivli in Mumbai is undergoing a major change. This busy business district is becoming a focus for luxury residential developments and integrated townships. This change in the real estate paradigm is driven by Dombivli's strong connectivity, making it appealing.

Ashiana Housing, a New Delhi-based real estate developer, plans to spend Rs 650-700 crore in land and building in 2023-24. The business wants to book Rs 1,500 crore in area in FY24 and add 7-8 million sq ft in three years.